Sovi_Madnes

EURUSD: WHERE IS THE NEXT MOVE (PART 2) EDUCATION

Long
FX:EURUSD   Euro / U.S. Dollar
This post for educational only.

As my previous post must wait to entry position on this pair.
Now EURUSD broke the line..
Now you can entry buy now. Because have retest on lower time frame.

How to avoid false breakout?
Place STOPLOSS below the wick.
If there is price reversal. You can change sell setup, watch the bearish candle confirmation.
Find the lower timeframe H4 or H1

This post for daily time frame.
I use 50 pips for the risk.

Risk Reward Ratio
1:4

Good luck
If you have any idea, leave comment below and give like.

Thank you

Comments

Buy above 1.21340
Reply
still alive.....how much you lost....!!!
Reply
@askmagic that's why use stop loss..
or do you don't know how to use stop loss??
or not understand read the chart?
Reply
diorestefan6 Sovi_Madnes
@Sovi_Madnes, yea,100% agree....but i thought the same you and after analys the chart i opened a buy position for making a happy weekend but everything goes wrong and it really pissed me off....!! 😑😄
Reply
@Sovi_Madnes trading it's not about how much you get.. but how to minimize ur risk..
+1 Reply
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